natural gas production
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UAE Crude Reserves Record 97.8 B bbl
Monday, 9th November 2020
The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil (bbbl) in 2019.
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GPC Invests EGP 195 MM for FY 2019/20 Discoveries
Tuesday, 3rd November 2020
The General Petroleum Company (GPC) allocated EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20, Nabil Abdel Sadek, Executive Chairman of the Board of Directors, stated
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BP Begins Production from Qattameya Field
Monday, 26th October 2020
BP began natural gas production from its offshore Qattameya field in the North Damietta offshore concession through its joint venture (JV); the Pharaonic Petroleum Company (PhPC).
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Pharaonic Petroleum’s Natural Gas Production Jumps to 450 mmcf/d
Wednesday, 21st October 2020
The Pharaonic Petroleum Company's natural gas production significantly increased during the current period to 450 million cubic feet per day (mmcf/d) in addition 8,000 barrels of condensates.
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Egypt’s Natural Gas Production Capacity Reaches 7.2 bcf/d
Sunday, 20th September 2020
Egypt's natural gas production capacity reached 7.2 billion cubic feet per day (bcf/d) as a result of the efforts to confront the natural decline of wells during the past five years, the CEO of the Egyptian Natural Gas Holding Co. (EGAS), Magdy Galal.
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US Shale to Decline by 68,000 bbl/d in October
Tuesday, 15th September 2020
US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.
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Atoll’s Natural Gas Production Increases by 28% in FY 2019/20
Wednesday, 9th September 2020
Atoll field’s production increased by 28% from 250 million cubic feet of natural gas per day (mmcf/d) to 320 mmcf/d during fiscal year (FY) 2019/20.
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US Oil Production Rises 4% in June
Tuesday, 1st September 2020
US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.
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New Discovery of North Hammad to Produce 32 mmcf/d of Natural Gas
Tuesday, 28th July 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the new discovery of North Hammad concession in Delta is going to initially producing natural gas at a rate of 32 million cubic feet per day (mmcf/d).
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Norway’s Oil Production Increases by 4.5% in April
Thursday, 21st May 2020
Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bpd), beating official forecasts by 1.8%.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021